TD Bank features

Here's a breakdown of some of the benefits and drawbacks of TD Bank personal loans.


  • Brick-and-mortar banking experience
  • Same-day approval for TD Fit Loan
  • Low APRs


  • Undisclosed eligibility requirements

One of the 10 largest banks in America, TD Bank maintains about 1,100 locations throughout the Northeast, Mid-Atlantic, Washington D.C., North Carolina, South Carolina and Florida. In addition to offering unsecured personal loans, TD Bank financial products include checking and savings accounts, credit cards, home equity lines and loans and mortgages.

Known for offering fast, same-day approvals on its TD Fit Loan, this bank is a good choice for those seeking an expedited process to access a personal loan.

Get pre-qualified

Answer a few questions to see which personal loans you pre-qualify for. The process is quick and easy, and it will not impact your credit score.

TD Bank is best for predictable monthly payments

TD Bank Fit Loans come with a fixed interest rate, which is helpful if you’re seeking predictable monthly payments. With loan funds available in as little as one business day, TD Bank can be an appealing option if you need cash quickly.

Asside from these strengths, TD Bank won the 2022 Bankrate Award for best personal loan from a bank. It received the highest Bankrate Score of bank lenders and has the online resources borrowers need and want.

TD Bank snapshot

Loan amount $2,000 – $25,000
APR 6.99% – 18.99%
Minimum credit score 700
Time to receive funds As soon as one business day

Lending terms

TD Bank’s fixed-rate, unsecured personal loans range from $2,000 to $50,000 and offer APRs of 6.99 percent to 19.99 percent. Terms of 36 to 60 months are available. Borrowers may receive funds in as little as one business day.

Fees and penalties

TD Bank keeps fees for its loans to a minimum. It doesn’t charge an origination fee, application fee, monthly fee, annual fee or prepayment fee. However, loans come with a late payment fee that’s 5 percent of the minimum payment due or $10, whichever is less. In addition, Florida residents will pay a document stamp fee.

How to apply for a loan with TD Bank

You can apply for an unsecured loan on the bank’s website. TD Bank claims that consumers can get initial approval in as little as a minute and have their funds as soon as the next business day.

To complete the loan application, you’ll need basic personal information and the following additional information:

  • Your Social Security number.
  • Any expenses, such as mortgage or rent, you currently have.
  • Your employment history and income.

Before settling on a lender, it’s a good idea to explore multiple options. You may find a lower rate or better terms from another lender. When shopping, make sure to compare personal loan rates based on your specific needs, including loan amount, credit score, location, income and loan purpose.

Get pre-qualified

Answer a few questions to see which personal loans you pre-qualify for. The process is quick and easy, and it will not impact your credit score.

How Bankrate rates TD Bank

Bankrate Score 4.9 Scoring factors
Availability 4.8 Quick, same-day approval and funding in as little as one business day
Affordability 4.8 Very few fees charged overall and low 6.99% APR
Customer experience 5.0 24/7 customer support, highly rated mobile apps and online access and application

Editorial disclosure: All reviews are prepared by staff. Opinions expressed therein are solely those of the reviewer and have not been reviewed or approved by any advertiser. The information, including rates and fees, presented in the review is accurate as of the date of the review. Check the data at the top of this page and the lender’s website for the most current information.